Job Description
Summary of Position
Assist Vice President - Actuarial in providing Actuarial Support for Falvey Insurance Group. This includes, but is not limited to: Ratemaking, Reserving, Analytics, Modeling, CAT Management, Reinsurance, and Special Request & Projects.
Position Functions
- Create Actuarial Reports to support Capacity Partnerships and internal Underwriting Strategy. These include Ratemaking, Reserving, Risk Aggregation, and Claim Trends
- Construct and validate Actuarial Models in excel and business intelligence software/systems
- Interpret trends and explain data insights to leadership and underwriting
- Validates data quality and performs reconciliations between various systems and reports
- Assists in rate filing preparation by gathering data, running analyses, and documenting methodologies
- Documents technical procedures and maintains actuarial assumption libraries
- Collaborate on written reports to Capacity Partnerships explaining portfolio trends
- Working with actuarial and data counterparts at Partnering Insurance companies to resolve questions and facilitate analyses
- Collaborate with the Business Intelligence and Innovation team on ad hoc projects as needed
Knowledge and Skill Requirements
- Quantitative, analytical and problem-solving skills
- Self-motivated with the ability to manage multiple projects and deadlines
- Proficient in Excel, with a working knowledge of Microsoft office
- A working understanding of data and databases (Experience with Business Intelligence software a plus)
- One or more programming languages (Python, R, SQL, or Others) a plus
- Bachelor’s degree in analytical field: actuarial science (preferred), math, statistics, or economics.
- Experience in an actuarial or a statistical role in a property and casualty insurance company a plus (Prior Ocean Marine Experience with US Marine, Inland Marine, Property and Specialty classes a bigger plus)
- 1 or more actuarial exams a plus; pursuit of a property and casualty actuarial designation (ACAS or FCAS) a bigger plus.
Position includes support for the pursuit of a property and casualty actuarial designation, via the exam process as outlined by the Casualty Actuarial Society (CAS). Support includes study hours, reimbursement for exam fees & study materials, and compensation adjustments.
Physical Requirements
Must be able to sit and work quietly for extended periods of time, operate a computer, possess strong written communication skills and answer and communicate on a telephone.
Supervisory Responsibilities
None
Working Conditions
Business-casual, fast-paced office environment
Hours of Operation:
This position supports our marketing efforts internationally. This position's work hours are Monday through Friday 9am - 5pm, in a hybrid work environment. Our hybrid environment is 3 days within our business-casual office environment. Of these 3 days in the office, Wednesday and Thursday are required, and employees may work from home the other 2 days. This position requires occasional flexibility for working additional hours to accomplish project objectives.
Job Tags
Full time, Temporary work, Casual work, Work from home, Monday to Friday,